New Delhi, 13th March 2024 (GNI): L to R: Sudheer Perla – Managing Director, Tabreed Asia, Nitin Jain – Program Head, Energy-Efficient Cooling (EE Cool), Arijit Sengupta – Director, Bureau of Energy Efficiency, Ministry of Power, Government of India andPhilipp Johannsen – Cluster Coordinator, Energy, GIZ India at the MoU signing ceremony – Photo by GNI
Tabreed and GIZ Partner to Accelerate Adoption of Energy-efficient District Cooling Solutions in India
New Delhi, India – 13th March 2024 (GNI): Tabreed, the world’s leading district cooling company, has signed a Memorandum of Understanding (MoU) with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) through the ‘Energy Efficient Cooling’ programme.
This initiative is jointly implemented by GIZ and the Bureau of Energy Efficiency (BEE), to continue working together in catalysing the market, to drive adoption of energy-efficient district cooling systems and thermal storage solutions in India. As such it aligns with the country’s Nationally Determined Contribution under the Paris Agreement to adopt a climate friendly approach to development.
Due to rising temperatures and the corresponding surge in air conditioner usage, projections indicate that, by 2050, cooling could be responsible for 60% of peak energy demand in India. Drawing upon GIZ’s proficiency in sustainable development strategies, notably its collaboration with BEE on district cooling guidelines, and Tabreed’s unrivalled experience in the industry, the partnership aims to promote widespread adoption of energy-efficient district cooling systems to deliver on sustainable and holistic economic and human development in India.
Through this alliance, Tabreed and GIZ will work together to complement each other’s global and local expertise across three broad focus areas: First, to facilitate bilateral exchange between governments to strengthen national and regional policy, regulatory, legal, and institutional frameworks in support of the development of district cooling markets. Second, to democratise Cooling as a Service across key urban, educational and industrial clusters through collaborative project development. Third, to support other ongoing initiatives to build human, institutional and corporate capacities at regional, national and local levels through unique and innovative training workshop formats, supplemented by exchange visits to plants for participants across the value chain, including policymakers, developers, urban planners and consultants.
Commenting on this development, Sudheer Perla, Managing Director, Tabreed Asia said: “Over the past five years, Tabreed has steadfastly pursued the development of district cooling markets in India. Tabreed, in a joint venture with the International Finance Corporation (IFC), established an investment platform committing to invest up to $400 million in India and Southeast Asia. This partnership with GIZ marks a significant milestone in our ongoing endeavors to establish planet inclusive cooling solutions as a mainstream choice in India.”
Nitin Jain, Programme Head, Energy-Efficient Cooling (EE Cool), added: “For several years, we have collaborated closely with BEE in India to champion energy-efficient solutions in industries, buildings and cooling. Together, we have undertaken numerous initiatives to further this goal, including the recent launch of District Cooling Guidelines. Against this backdrop, our partnership with Tabreed couldn’t have come at a better time. As India strides toward a sustainable future with a bold vision for sustainability, the role of district cooling becomes more pivotal than ever.”
Commenting on the partnership, Arijit Sengupta, Director, BEE, said: “Our collective aim is to forge a path towards sustainable cooling solutions that mitigate the environmental impact while simultaneously driving economic growth and societal well-being. GIZ and Tabreed, by combining expertise and resources, envision implementing innovative strategies through district cooling that optimise energy usage, reduce carbon emissions and ensure access to efficient cooling services across diverse sectors and communities.”ends GNI
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